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Brick Two-Unit Property
New
For Sale
$485,000

1015 N Central Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market7

Property Features for 1015 N Central Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 2
Parking 2
Parking features Garage
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions CENTRAL AVE SOUTH OF NORTH AVE
Subdivision CHI - Austin
Standard status Active
APN 16043100030000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5082

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

covered front porch
finished basement
solar panels

Building Details

Year built 1898
Building materials Brick
Roof type Flat, Asphalt
Architectural style Other
Listing Agency: eXp Realty
Listed By: Ivan Blanco · License #475190576
Added: Aug 14 Changed: Aug 20 Last Checked: Aug 20 at 2:06PM
MLS# 12733053

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 1015 N Central Avenue in Chicago, this 1898 brick duplex contains two occupied residences with month-to-month tenancy. The first-floor apartment includes 2 bedrooms and 1 full bathroom, while the upper unit provides 3 bedrooms and 1 full bathroom. A finished basement adds recreational and flexible-use space along with a third full bathroom, bringing the building total to 5 bedrooms and 3 full bathrooms.

The property includes a covered front porch, detached 2-car garage, rear parking area, public water and sewer, natural-gas heating, and solar panels serving the first floor and basement. Recent work includes a 2024 roof replacement, 2023 water-heater replacements, 2022 central air-conditioning replacements, and a 2022 furnace replacement serving the first floor and basement. Additional updates include kitchen appliances, bathroom finishes, hardwood floors, gutters, tuckpointing, concrete work, and a rear walkway. Public transportation is nearby, with a school directly across the street.

Key Highlights

  • Two occupied units with month‑to‑month tenants
  • Unit mix includes 2 bedrooms and 1 full bathroom plus 3 bedrooms and 1 full bathroom
  • Finished basement adds a third full bathroom and flexible living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,298
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied brick duplex with finished basement, detached garage, and documented capital improvements.
Where is this duplex located?
The property is located at 1015 N Central Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two occupied units with month‑to‑month tenants; Unit mix includes 2 bedrooms and 1 full bathroom plus 3 bedrooms and 1 full bathroom; Finished basement adds a third full bathroom and flexible living space
More about this property
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